Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
30,137 total articles
Shares of major U.S. exchange operators declined sharply after regulators approved perpetual cryptocurrency futures for trading on domestic exchanges. Cboe Global Markets fell 9%, while CME Group and Intercontinental Exchange each dropped about 4% as investors weighed the risk profile of perpetual futures and the potential for such contracts to exp…
Goldman Sachs CEO David Solomon cautioned that inflationary pressure driven by rising oil prices linked to the Iran conflict could prompt changes in consumer spending patterns in the second half of 2026. Solomon expressed confidence in the Federal Reserve and its incoming Chair, Kevin Warsh, and dismissed concerns that major technology initial publ…
Moody’s Investors Service reduced NiSource Inc.'s debt grades on February 01, 2002, cutting the holding company's senior unsecured rating to Baa3 from Baa1 and lowering certain subsidiary ratings to Baa2. The move covers about $8 billion of debt and follows materially higher leverage and weaker-than-expected cash flow at subsidiary levels, with Moo…
Mexican security forces have arrested a man alleged to be a regional operator for a group tied to the Sinaloa Cartel and linked to the abduction and killing of 10 people associated with a mining operation in January. The detention, carried out in Sinaloa by the army, National Guard and local forces, comes as Vancouver-based Vizsla Silver has resume…
Microsoft unveiled a next-generation quantum chip, Majorana 2, redesigned using AI-driven materials research and now projects commercially useful quantum machines by 2029. The effort switches from aluminum to lead-based superconducting structures and produced large performance gains according to Microsoft executives, but the company faces scientifi…
Paccar Inc. saw its stock rise after two U.S. senators unveiled a proposal to eliminate the 12% federal excise tax on heavy-duty trucks. Lawmakers said the levy increases the sticker price of new heavy trucks by $15,000 to $30,000 and can discourage fleet renewal, leaving about one-fifth of the largest trucks on the road with engines built before 2…
Microsoft announced an AI-assisted quantum chip called Majorana 2 and set a target of delivering commercially viable quantum machines by 2029. The firm said the new design uses lead-based materials rather than the aluminum superconducting wires used by some competitors, and that it achieved a 1,000-fold improvement in certain performance metrics ve…
Microsoft unveiled Project Solara at its Build developer conference in San Francisco, presenting a platform intended to run AI agents on mobile devices. The company demonstrated two concept devices developed with Qualcomm and MediaTek and said several corporate partners are working with the technology.
Microsoft introduced Scout, a new artificial intelligence assistant that operates as an autonomous presence within workplace systems rather than only as a per-user tool. Announced at the company’s Build developer conference in San Francisco, Scout is intended to carry out organizational tasks such as rescheduling meetings and responding to colleagu…
Mexican security forces have detained a suspect accused of involvement in the January abduction and killing of 10 people connected to a mining operation tied to Canadian miner Vizsla Silver. The arrest, carried out in Sinaloa by the army, National Guard and local forces, identifies the suspect as a regional operator for a criminal group linked to t…
Bank of England policymaker Megan Greene said the case for raising interest rates has strengthened as the conflict involving Iran continues, arguing that a swift rise in borrowing costs could be required to anchor inflation expectations. Greene highlighted the importance of the speed of any rate move and noted the Monetary Policy Committee will nex…
UBS downgraded Sherwin-Williams from Buy to Neutral and cut its 12-month price target to $330 from $385, citing a prolonged slowdown in the U.S. housing market that delays an earnings recovery until at least 2028. The bank warns that a possible acquisition of parts of AkzoNobel could boost earnings after synergies but would likely increase leverage…
Chevron has filed to enter Argentina’s RIGI incentive program with a $13.8 billion unconventional oil project located in the El Trapial area of Vaca Muerta. The application must receive government approval before the plan can proceed and would rank among the largest new investments in the country’s shale basin.
Tuesday’s session featured sizable swings across market-cap tiers. Mega-cap technology and semiconductor stocks recorded notable advances and declines, led by Cisco and Cisco-linked announcements. Among large- and mid-cap names, Marvell Technology posted a strong rally while several biotech and small-cap companies experienced sharp moves tied to cl…
Investors face a dense set of U.S. economic releases on Wednesday, June 3, 2026, that span private payrolls, multiple services-sector purchasing managers' indexes and weekly energy stock updates. The ADP Nonfarm Employment Change offers an early reading on private-sector job creation, the ISM and S&P Global Services PMIs provide overlapping gauges …
Earnings season remains active as companies across semiconductors, medical devices, cybersecurity and retail report results on Wednesday, June 3. Investors will see data from Broadcom, Medtronic, CrowdStrike and Macy's, among others, with estimates published ahead of open and after the close that span large-cap technology names and consumer-facing …
Goldman Sachs CEO David Solomon said markets currently favor risk-taking as major artificial intelligence companies such as OpenAI, Anthropic and SpaceX prepare for public offerings. Solomon pointed to ample liquidity, Alphabet's strong reaction to an $80 billion equity raise and Goldman's involvement in several planned deals as indicators that inv…
Ciena Corp stock climbed more than 8% to a fresh 52-week high after Nvidia CEO Jensen Huang, speaking at Marvell’s Computex 2026 keynote in Taipei, emphasized the need for optical interconnects to scale AI data centers beyond copper limits. The move was amplified by a pre-earnings positioning ahead of Ciena’s fiscal Q2 2026 report on June 4 and upb…
Lumentum Holdings Inc. stock climbed sharply after Nvidia CEO Jensen Huang used a Computex keynote to argue that optical interconnects will be required as AI infrastructure outgrows copper’s capabilities. Huang’s remarks, coupled with Nvidia’s substantial capital commitments to photonics firms and Lumentum’s recent balance-sheet moves, pushed the s…
Perplexity AI is creating a platform that dynamically assigns artificial intelligence tasks either to users' personal computers or to cloud servers. Announced at Computex in Taipei, the system acts as a real-time controller to determine which workloads can run locally and which need larger cloud resources, with the stated goal of reducing computing…
Uber Technologies has introduced a $1,500 per-month token spending limit for each agentic AI coding tool used by employees after exhausting its full-year AI budget. The cap applies per tool, allows monitoring via dashboards, and includes a permission process for exceptions. Executives say internal AI usage has already altered hiring plans and contr…
On June 2 the U.S. Department of Energy named projects in Louisiana and Oklahoma to receive a combined $134 million to recover rare earth elements from waste streams. One award of roughly $67 million will fund a Colorado School of Mines and ElementUSA-led facility in Louisiana to extract and refine rare earths from bauxite waste at commercial-test …
Optical interconnect and photonics suppliers surged after Nvidia CEO Jensen Huang spoke at Marvell's Computex 2026 keynote in Taipei, laying out a staged approach to data-center links that favors copper while acknowledging its limits and calling for optics to take over where copper cannot scale. Market participants immediately repriced several vend…
Corning's stock jumped sharply in mid-day trading after Nvidia CEO Jensen Huang publicly stressed the limitations of copper interconnects and the need for optical solutions in AI data center buildouts. Huang's remarks reinforced Corning’s May 6, 2026 agreement with Nvidia to dramatically expand U.S. optical manufacturing capacity and drew renewed i…
Moody's Investors Service downgraded Altria Group Inc.'s long-term senior unsecured rating to Baa2 from Baa1, citing reduced free cash flow for debt service after bonding requirements related to the Price/Miles Illinois consumer fraud class-action. The action, announced April 22, 2003, affects roughly $20 billion of debt securities and prompted rel…
